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Gold steadies as soft dollar offsets stable US bond yields

Gold steadies as soft dollar offsets stable US bond yields

09 Nov 2021

Gold prices were steady on Tuesday, consolidating near a two-month high scaled in the previous session, as a weak dollar offset firm U.S. bond yields. Spot gold was little changed at $1,823.53 per ounce by 0051 GMT. U.S. gold futures fell 0.1% to $1,825.80.